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NO NEED TO DEVALUE PESO, OFFICIALS SAY \ EFFECT ON EXPORTS A MAJOR CONCERN
Kevin G. Hall |
Despite the eroding effects of inflation, the Mexican peso is fine in its present trading range and
Maritime
PROSPECTS FOR PORT ROYAL AND GEORGETOWN HELD EXCELLENT
Fred Monk |
The ports of Georgetown and Port Royal present distinct challenges for the South Carolina State Port
SOUTH CAROLINA UPS AMBITIOUS INCENTIVES MENU
Fred Monk |
South Carolina is aggressively using economic incentives to attract industry, but the practice is dr
"FORTRESS AMERICA' DIDN'T SELL \ STRATEGY IGNORED BIG FOREIGN PRESENCE
Fred Monk |
Pat Buchanan's quest for the Republican presidential nomination, propelled by a ''Fortress America''
BRIEFS
From Wire and Staff Reports |
MASSACHUSETTS SENATEPASSES COASTAL BILLBOSTON - The Massachusetts Senate approved a bill, H-
INSURANCE PAYS OFF FOR FRENCH BANKS \ "BANCASSURANCE' IS BUSINESS AS USUAL
Margo D. Beller |
Banks selling insurance, a source of controversy in the United States, has been a way of life in the
ADJUSTING FIRM CHARGED WITH INFLATING CLAIMS
Associated Press |
The oldest public adjusting firm in the world has been charged with conspiring to inflate claims by
PEOPLE ON THE MOVE
JOC Staff |
AON CORP.William J. Fasel was named director of financial relations. He succeeds Joan Steel
NAMES ANGERED BY LATEST OFFER
HELEN MacLEOD |
The mood of action groups representing Lloyd's of London investors hardened quickly against acceptan
MAJOR GAINS AND DECLINES IN CARLOADINGS
Adapted from Weekly Railroad Traffic, Association of American |
Three weeks ended May 4, 1996, vs. similar 1995 periodCars Cars Loaded Loaded
BRIEFS
From Wire and Staff Reports |
CARGO VOLUME DIPSAT PORT OF HAMBURGHAMBURG - Cargo volume at the Port of Hamburg fell 1.4 pe
CHUBB'S DEAN O'HARE PRODS INSURERS TO EXPAND OVERSEAS
Ronald Gift Mullins |
American insurance companies are in retreat internationally, and this ''means we are giving up the c
BALTIC FREIGHT INDEX
JOC Staff |
1445 (May 10, 1996) Previous day - 1447The Baltic International Freight Futures Market in Lo
CORRUPTION CLAIM RAINS ON THAI PORT'S PARADE
Ron Corben |
Thailand's opposition party says bribery played a role in the award of a concession at the Port of L
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
FREIGHT RATE FUTURES
JOC Staff |
May 10, 1996Baltic International Freight Futures Market Prev.Close High Low
BRIEFS
From Wire and Staff Reports |
MITSUBISHI ANNOUNCESMALAYSIAN VENTURETOKYO - Mitsubishi Corp. announced it will set up a joi
BRIEFS
From Wire and Staff Reports |
CATHAY PACIFIC GETSITS FIRST BOEING 777SEATTLE - Boeing Co. delivered Cathay Pacific Airways
SPOT COMMODITIES
JOC Staff |
May 10, 1996Included are list prices of suppliers. Quotations do not necessarily represent p
INDIAN VILLAGERS PROTEST ENRON DEAL
Clarence Fernandez |
Troops of black-faced monkeys squabble in the road along the route to India's largest power plant, s
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 260.30 off 0.21
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeMay 10, 1996 Brent Crude Oil - (Dollars Per Barrel)
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - May 10, 1996Prev. Life of Contr. OpenOpen High L
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of May 10, 1996Quotations are based on prices reported in the market or obtained from sup
GASOLINE PRICES
JOC Staff |
May 10, 1996RESELLER RACK Unleaded Mid- Premium-Unlea
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 10, 1996No. 4/ No. 6/ No. 6/1% 1% 0.5%Bu
BRIEFS
From Wire and Staff Reports |
LATIN AIRPORTS HIGHESTIN LANDING ACCIDENTSWASHINGTON - Latin America has the world's highest
BNSF HELPS TO DEVELOP FULLY ENCLOSED RAILCAR
Journal Of Commerce Staff |
Burlington Northern Santa Fe Corp. is showcasing a newly designed railcar known as the AllRailer as
SPOT PRODUCT PRICES
JOC Staff |
May 10, 1996U.S. spot oil product price indications, sellers range, in cents per gallon, f.
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,300-$1,500 per ton lots
NEWPORT NEWS SHIPYARD OPENS EMIRATES FACILITY
From Wire Reports |
The United Arab Emirates and the United States are pressing on with a shipyard deal that could promp
BRUSSELS READIES NEW TACA OFFENSIVE
Janet Porter |
The European Commission is about to launch a fresh offensive against the shipping lines that set rat
BRIEFS
From Wire and Staff Reports |
HIGH PRICES NOT SEENENDING DRILLING IMPASSEANCHORAGE - The recent surge in gasoline prices a
WINTER WHEAT CROP POOREST SINCE '78
Charles Abbott |
U.S. farmers will reap their worst winter wheat crop in 18 years, only 1.36 billion bushels, the Agr
JAPAN'S OIL COMPANIES SET FOR NORTH SEA ACQUISITIONS \ FIRMS SHOW INTEREST AFTER 30 YEARS
Reuters |
Japan's oil companies, which have shunned the North Sea for over 30 years, are on the verge of acqui
BRIEFS
From Wire and Staff Reports |
ESCONDIDA MINE FINDSMORE COPPER IN ATACAMASANTIAGO, Chile - The Escondida mine has found mor
HEAVY-TRUCK SALES REMAIN IN LOW GEAR
Michael S. Lelyveld |
Heavy-truck sales suffered a double-digit drop in April from the record levels of a year earlier as
IMPROVED DOWNSTREAM EARNINGS FORECAST
Arthur Gottschalk |
Profits from ''downstream'' refining activities of most U.S. oil companies should improve this year
DAILY PETROLEUM PRICES.
JOC Staff |
Friday May 10, 1996Prevailing sellers' posted prices at the close of business, representing
SHANGHAI PETROCHEMICAL TO EXPAND
Knight-Ridder Financial |
China's Shanghai Petrochemical plans to invest 4.7 billion yuan ($566 million) into 11 major technic
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